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The Future of Downtown San Diego Real Estate
Selection of condos available for sale in Downtown San Diego will continue to be tight. As of October 2019 about 3% of the total condo market is up for sale (roughly 350 for sale out of 10,750 total condos). One new high rise condo was completed in 2018 (Pacific Gate) and another new tower (Savina) will be completed in summer of this year. The next new condo building will be completed some time after 2022, as it has not started yet.
For sale inventory will begin to shrink as we get into the Spring of 2020 as buyers run out of brand new condos to buy and current downtown owners will have resold their current condos as they move into the new building. The commercial development of the western waterfront will make the condos in the Columbia neighborhood more desirable. The California Association of Realtors is projecting average prices in the State to increase 3.1% in 2019, following a roughly 7.0 % increase in 2018. So much slower appreciation rates coming, usually if GDP is growing, prices are increasing. Downtown average prices were up only about 1% in 2018, hard to predict 2019, so many outside forces at play which can influence demand, but one thing is for sure, no more new inventory getting added after this year for several years.
Mortgage rates are at historic lows and the nations economy (GDP) and stock market are also trending up although erratically.
Popular San Diego Neighborhoods
Newest Downtown San Diego Condos for Sale
Enjoy Downtown living at Marina Park! This Top floor unit nestled in the Marina district is just a short walk to Horton Plaza, Seaport Village, Gaslamp, restaurants, mass...
- 2 Beds
- 2 Baths
- 190061611 MLS
- Marina Park Bldg.
- ACTIVE Status
Be in the heart of it all in this beautiful, coveted west facing corner unit condo with a wrap-around balcony and views of the bay. Entering through the front door you're...
- 2 Beds
- 2 Baths
- OC19265144 MLS
- ACTIVE Status
Views! Views! Views! Look no more, as this gorgeous Icon corner unit has everything you are looking for. Drink in the breathtaking City, ballpark and ocean views throu...
- 2 Beds
- 2 Baths
- 190061709 MLS
- Icon Bldg.
- ACTIVE Status
2 side-by-side parking spaces and a private storage room! Iconic San Diego views are realized in this gorgeous residence on the 18th floor of the Legend with views lookin...
- 2 Beds
- 2 Baths
- 190061814 MLS
- The Legend Bldg.
- ACTIVE Status
Aria Residence 304 is a beautiful & RARE 2 bedroom with den/optional 3rd bedroom with a contemporary open concept floor plan. Very bright with floor to ceiling windows hi...
- 3 Beds
- 2 Baths
- 190061820 MLS
- Aria Bldg.
- ACTIVE Status
Enormous 1 bedroom condo with all the upgrades! Southwest facing, this unit has floor to ceiling double pane windows, motorized window shades, a picturesque skyline view,...
- 1 Beds
- 1 Baths
- 190061632 MLS
- The Mark Bldg.
- ACTIVE Status
Quality shows from the very first step into this completely remodeled and upgraded residence. International designer, Sally Talbert was given free reign to design a chic,...
- 2 Beds
- 2 Baths
- 190061721 MLS
- City Front Terrace Bldg.
- ACTIVE Status
Live where the excitement is! Be close to everything downtown including Petco Park, Seaport Village, the Marina District, Little Italy and East Village, where you can wal...
- 1 Baths
- 190061547 MLS
- Gaslamp City Square Bldg.
- ACTIVE Status
Corner unit Open & inviting floorplan with abundant light throughout; spacious kitchen with granite countertops; hard surface flooring; oversized bath with in-unit laundr...
- 1 Beds
- 1 Baths
- 190061621 MLS
- Atria Bldg.
- ACTIVE Status
Welcome to this stunning residence in the highly desirable Marina District with 2 side by side parking spaces. This spacious home boasts incredible bay views with an open...
- 2 Beds
- 3 Baths
- 190061465 MLS
- Renaissance Bldg.
- ACTIVE Status
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS®,
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